Page 29 - Byju's

Byju's offers to buy US-listed edtech firm 2U for over $1 billion

Byju's made the offer of about $15 a share to 2U's board last week, said the person, who asked not to be named as the bid isn't yet public

Byju's group firm Toppr lays off 1,100 employees in a day to cut costs

Toppr's sacked employees said that they got a call from the company on Monday and were asked to resign, failing which they will be terminated without any notice period.

BYJU's-owned WhiteHat Jr lays off 300 employees in latest round of job cuts

Online coding provider WhiteHat Jr, the beleaguered platform under edtech giant BYJU's umbrella, has laid off around 300 employees, after more than 1,000 of its employees resigned

Krishna Vedati named as Byju's president for global growth and strategy

He will report to co-founder and CEO Byju Raveendran and join the company's executive committee

Edtech company Byju's pushes back payments for $1 billion acquisition

Blackstone, which owned 38 per cent of Aakash, opted to defer payments due until this year, one of the people said

Edtech firms build brick-and-mortar centres across India to woo students

Several are adopting a hybrid model of offline and online education to stay afloat, as students head back at school and colleges post pandemic

BYJU's rejigs global team as part of expansion plan as edtech space shrinks

Edtech major BYJU's on Tuesday named Krishna Vedati as President of Global Growth and Strategic Initiatives, along with rejigging top leadership at K-12 creative coding platform Tynker

Byju's-owned Aakash eyes 60-70% growth in FY23; new centre, hiring on cards

Test preparation major Aakash Educational Services (AESL), owned by Byju's, is confident of growing at 60-70 per cent this year, with its business momentum driven by market demand

Consumer affairs ministry to set up panel for FAQ on cryptocurrencies

Calls meeting to discuss complaints against edutech firms

Consumer Affairs Ministry to hold meeting with edtech firms amid complaints

Consumer Affairs Secretary Rohit Kumar Singh said: "We are aware of this. I have called a meeting of edutech companies next week or so".

Byju's CEO set to focus on global biz, COO Mrinal Mohit to handle India mkt

BYJU'S in March announced a new partnership with QIA, the sovereign wealth fund of Qatar, to launch a new edtech business and state-of-the-art research centre in Doha

Byju's COO Mrinal Mohit may head India ops as Raveendran focuses on global

Founder may look at the US and Middle East, has been meeting investors and potential acquisition target firms there, say sources

Unacademy CEO Gaurav Munjal says funding winter can last up to 18 months

In a letter to employees, Unacademy's co-founder and CEO Gaurav Munjal said that "we must learn to work under constraints and focus on profitability at all costs"

Edutech firm Byju's to raise $50 million

Funding to help it expand into the UK, US

Sequoia India, Sofina invest $75 mn in Byju's

The company said it uses teachers, machine learning tools and videos, to give students customised and personalised instructions

IFC to pick up minority stake in BYJU learning app

World Bank arm to invest $15 million in educational products company

Byju's strategy: Focus on teaching concepts made personalised app a hit

Paid user base for online education in India will grow from 1.57 mn to 9.5 mn in 2021, says a study

Byju's raises $300 mn in fresh funding from Naspers, Canada Pension Fund

Byju's confirmed the investment but did not divulge any details

Byju's valuation jumps to $2 bn after General Atlantic's $100 mn infusion

Deal involves single tranche for 5% stake, marks GA's first investment in education space

Facebook makes its second bet in India with investment in Unacademy

Edtech firm raises $110 mn in round led by General Atlantic, with participation from Flipkart CEO Kalyan Krishnamurthy, udaan co-founder Sujeet Kumar among others